Reinsurance News
Hyperion Insurance Group
Hyperion changes name to Howden Group Holdings
5th November 2020
Global insurance group, Hyperion Insurance Group, has announced that it has changed its name to Howden Group Holdings. The change will take place effective immediately and will flow through the other parts of the Group with Hyperion in the name. This includes the Hyperion Foundation, the Group’s charitable arm, which will be ... Read the full article
DUAL to deploy Hyperion underwriting capital, hires CUO
19th October 2020
DUAL, the underwriting arm of Hyperion Insurance Group, has announced its intention to deploy group underwriting capital alongside its existing capacity providers. At the same time, DUAL has announced the addition of Alan Telford as Chief Underwriting Officer (CUO), effective from November 1st. Telford will report to Richard Clapham, who currently holds ... Read the full article
Hyperion secures up to $1.5bn for growth via Hg investment
30th September 2020
Hg, a leading European investor in software and tech-enabled services businesses, is set to make a significant long-term equity investment in insurance intermediary Hyperion Insurance Group Limited, a transaction which values the business at an enterprise value of approximately $5 billion. Together with an additional debt raise and existing resources, the ... Read the full article
Hyperion X adds Guy Carpenter’s Julian Alovisi as Head of Research
29th September 2020
Hyperion X Analytics, the analytics and advisory specialist unit of the Hyperion Insurance Group, has appointed Julian Alovisi to the newly created role of Head of Research. In this role, Alovisi is set to lead the firm's differentiated research and thought leadership function at a time of great change across the ... Read the full article
Howden to acquire UK personal & commercial lines broker, A-Plan Group
23rd September 2020
Howden Broking Group, an independent insurance and reinsurance broker, has announced an agreement to acquire one of the largest personal and commercial lines insurance brokers in the UK, A-Plan Group, subject to regulatory approval. Once completed, the deal will create one of the largest insurance brokerages in the UK, managing more ... Read the full article
Hyperion X and Vario partner on collateralised, whole account reinsurance cover
1st April 2020
Hyperion X, the technology and analytics division of Hyperion Insurance Group, has partnered with Vario Partners LLP on the delivery of collateralised, whole account stop-loss reinsurance protection cover to clients. Vario Partners is an innovator in collateralised reinsurance structuring and its risk transfer mechanism is designed to improve regulatory solvency ratios, ... Read the full article
Hyperion & JLT reach confidential settlement
22nd January 2020
A statement from international insurance broking groups Hyperion and JLT announced today that the pair have reached a settlement following a legal process which centred on the hiring of 47 staff from JLT Specialty to Hyperion. JLT started legal proceedings in the summer of last year after the broker accused Hyperion ... Read the full article
Hyperion posts 11% organic growth in 2019
21st January 2020
Hyperion Insurance Group Limited has reported revenue of £725 million (USD 943 million) for the year ended 30th September, 2019, and 11% organic growth. The company has noted that it closed the financial year with strong performances across all business segments, which helped it record an 11% jump in revenue when ... Read the full article
Hyperion promotes Craig to CFO, names Hudson as Finance Director
11th November 2019
Hyperion Insurance Group (Hyperion) has announced that Mark Craig will become Group Chief Financial Officer (CFO) and Mark Hudson will serve as Group Finance Director, effective January 1st, 2020. Both Craig and Hudson will undertake a full handover from Interim Group CFO, Richard Houghton, before he leaves the company later in ... Read the full article
Hyperion X appoints Shumway as Head of Strategic Advisory
1st October 2019
Hyperion X, the data and technology focused unit of the global Hyperion Insurance Group, has hired former JLT employee Mark Shumway to the role of Head of Strategic Advisory. Shumway was most recently the Global head of Strategic Advisory at reinsurance brokerage JLT Re and also a representative of JLT Capital ... Read the full article
Howden & RKH brokerages to be merged by Hyperion
12th September 2019
Hyperion Insurance Group, the global independently owned insurance and reinsurance broking and underwriting organisation, is merging its two broker arms Howden and RKH. Hyperion said that aligning the two broking operations under a single management will "deliver seamless access to the Group’s talent for clients" by bringing together Howden’s international retail ... Read the full article
Hyperion’s DUAL appoints new COO, UK & Europe
5th September 2019
Hyperion Insurance Group's underwriting arm, DUAL, has appointed Rebecca Ince as Chief Operating Officer (COO) of UK & Europe, effective September 1st, 2019. In her new role, Ince will report to Group Chief Executive Officer (CEO) of DUAL, Richard Clapham. Prior to DUAL, she worked at global insurer and reinsurer Hiscox for ... Read the full article
JLT Re’s David Flandro joins Hyperion X as Managing Director, Analytics
4th September 2019
Hyperion Insurance Group's data and technology division, Hyperion X, has announced the appointment of David Flandro as Managing Director, Analytics. He joins the firm from global reinsurance broker JLT Re, where he served as Global Head of Analytics and a member of the company's Executive Committee. In his new role, Flandro will ... Read the full article
Hyperion promotes Rebecca Scott to Group COO
28th March 2019
London-headquartered Hyperion Insurance Group has promoted Rebecca Scott to the position of Group Chief Operating Officer, effective 1 March. Scott will report to Chief Executive Officer of Hyperion, David Howden, and has also joined the Group Executive Committee. She joined Hyperion in 2014 as Head of Internal Audit, before being appointed Chief ... Read the full article
Howden acquires strategic stake in specialist Malaysian broker
12th February 2019
Howden, the retail broking unit of Hyperion Insurance Group, has agreed to buy a strategic stake in Malene Insurance Brokers, a leading Malaysian independent niche broker in the energy and power sector, according to reports from New Straits Times. Malene will reportedly join Howden’s other Malaysian business, CIMB Howden Insurance Brokers, ... Read the full article
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